On a daily TF, the trend is still negative. The price is in the pullback, and it gives the opportunity to leave. It will return to the uptrend if it can break the negative trend line and resistance at $3,600 with a high trading volume. Otherwise, I expect to test the levels of $3,000 and $2,800.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.